Johnson City, TN—37615
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Johnson City, TN
As of Oct '25, the median home price in Johnson City, TN is $343,000, with a year-over-year change of -0.1%. This indicates that home prices in Johnson City, TN are flat. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $343,000 | -0.1% |
| Single Family | $354,000 | -0.3% |
| Condos | $240,000 | 0.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $229,000 | 2.2% |
3 Bed | $353,000 | -0.3% |
4 Bed | $524,000 | 2.1% |
| 5 Bed | $777,000 | 3.9% |
% of Housing Stock
Rental Trends — Johnson City, TN
As of July '25, Rentcast reports the average rent in Johnson City, TN is $2,020, with a year-over-year rent change of 16.8%. Per bedroom, the median rent as of July '25 in Johnson City, TN is studios: $1,550, 1-bedrooms: $1,130, 2-bedrooms: $1,560, 3-bedrooms: $2,180, 4-bedrooms: $3,210. The most common rental property sizes in Johnson City, TN are 2-bedroom and 1-bedroom, accounting for 62.5% and 18.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $2,020 |
| Studio Rent | $1,400 | $1,550 |
| 1 Bed Rent | $995 | $1,130 |
| 2 Bed Rent | $1,350 | $1,560 |
| 3 Bed Rent | $2,200 | $2,180 |
| 4 Bed Rent | $2,800 | $3,210 |
% of Rental Stock
Property Listings — Johnson City, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Johnson City, TN is 58. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $479,000 | 6.0% |
Listing Count | 162 | 33.0% |
| Listings as % of Homes | 0.9% | 33.0% |
Days on Market | 58 | 1.0% |
Demographics — Johnson City, TN
As of the latest ACS Survey released in 2023, Johnson City, TN has a population of 22,000, which has remained stable by 0.9% over the past 5 years. Johnson City, TN is a moderately popular place for families, as children make up 17.9% of the population. The area has a moderately educated workforce, with 40.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,000 | 0.9% |
% Under 18 | 17.9% | -16.7% |
% Seniors | 21.0% | 21.4% |
% WFH | 9.2% | 70.4% |
% w/ College Degree | 40.0% | 5.8% |
As of the latest ACS Survey released in 2023, Johnson City, TN is a predominantly white area, with 90.2% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Johnson City, TN is hispanic, making up 3.8% of the population. Foreign-born residents account for 2.0% of the population in Johnson City, TN, and this percentage has decreased by 39.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.2% | -3.4% |
% Black | 1.2% | 71.4% |
% Hispanic | 3.8% | 15.2% |
% Asian | 1.4% | 7.7% |
% Foreign Born | 2.0% | -39.4% |
Mortgage and Risk — Johnson City, TN
According to HUD data as of 2023, there were 594 mortgage originations in Johnson City, TN, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Johnson City, TN. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 594 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Johnson City, TN
As of 2024, the percent of homes in Johnson City, TN under the Section 8 program is 2.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Johnson City, TN, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 50 |
Total Units Section 8 | 50 |
% Rentals under Section 8 | 2.3% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$25 | $995 | $970 |
| 2 Bedroom | -$140 | $1,350 | $1,210 |
| 3 Bedroom | -$700 | $2,200 | $1,500 |
| 4 Bedroom | -$1,110 | $2,800 | $1,690 |
Affordability — Johnson City, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $343,000 |
| Median Household Income | $75,600 |